London open: Stocks edge up after record highs on Wall St but Christmas lull setting in

London stocks rose in early trade on Tuesday following record highs on Wall Street on the back of optimism over the tax reform bill, although gains were muted as the Christmas lull began to set in. On Monday, the Nasdaq, Dow Jones and S&P 500 all notched record highs again as investors grew increasingly hopeful that the US tax reform bill will be passed in the coming days. CMC Markets analyst Michael Hewson said: "US equity markets continued where they left off last week once again posting new ...

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